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ASC 842 Expected to Impact Natural Resource Sector

Accounting Standard Codification (ASC) Topic 842 - Leases, the new FASB lease accounting standard aimed at closing a major concern of stakeholders in lease ... read more >

Strengthening Career and Technical Education for the 21st Century Act

The lack of skilled labor continues to be a concern of many manufacturers in today’s environment. Attracting and maintaining talented laborers to ... read more >

Some Property Rights Contracts May Get Relief from the Lease Standard

The Financial Accounting Standards Board (FASB) issued a proposed amendment to Accounting Standard Update 2016-02 Topic 842 – Leases (ASU 2016-02) ... read more >

FASB Approves One Year Deferral for the New Revenue Recognition Standard


By Brian Matthews

On July 9, 2015, the FASB approved a one-year deferral of new revenue recognition guidance that was originally issued in May 2014. Accounting Standard ... read more >

Opportunity and Optimism - Two Growing Trends in Manufacturing Sector

The past couple months have shown that there is opportunity and optimism in the manufacturing sector. According to the Institute of Supply Management, ... read more >

Pension Plan Risk


By Brian Matthews

A recent webinar highlighted current trends regarding companies de-risking their pension (defined benefit) plans and provided some interesting statics. ... read more >

Resources Available to Plan Administrators and Others


By Brian Matthews

The American Institute of Certified Public Accountants (AICPA) publishes annual revised versions of the Employee Benefit Plans Accounting and Auditing ... read more >

Hard-to-Value Investments


By Brian Matthews

In September 2013, the U.S. Department of Labor (DOL) Office of Inspector General (OIG) issued results of its study on oversight of employee benefit plans ... read more >